Social Studies, 01.09.2019 09:10 kp2078

Jill paid an annual premium of $2,000 in total coverage for her homeowner's insurance, including $250,000 in damage coverage and $250,000 in liability coverage. ten years into her policy, a friend fell off a ladder while working on the roof of her house and claimed $75,000 in medical expenses. eleanor's insurance company paid the claim. did the cost of the annual premiums outweigh the benefit of transferring the risk to the insurance company?

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Jill paid an annual premium of $2,000 in total coverage for her homeowner's insurance, including $25...

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